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Tag: public construction
Business
Year-end report: Construction spending dips slightly in December, shows 4.5 percent year-over-year gains in 2016
U.S. construction spending in December was 0.2 percent below the revised November estimate, yet still 4.2 percent over the December 2015 figures, according to numbers released by the U.S. Census Bureau. Also releasing its year-end numbers, the Bureau places the 2016 value of construction at $1.162 trillion, which is 4.5 percent above the $1.112 trillion […]
February 2, 2017
Business
Construction spending falls 0.6% in June as government spending falls to lowest level since 2006
Snapping two consecutive months of increases, U.S. construction spending fell 0.6 percent in June to $884 billion due to larger decreases in nonresidential and government spending. The decline is the biggest seen in the last five months. Government construction spending fell 1.1 percent in June to $261 billion—it’s lowest level since 2006. Public residential construction […]
August 1, 2013
Business
Forecast for 2013 construction value growth revised down due to shifting strength of individual markets
In its second quarter 2013 Construction Outlook report, FMI has revised down its forecast for overall construction value growth to 7 percent from the 8 percent growth forecasted in the first quarter. FMI, a management consulting and investment banking provider for the engineering and construction industry, dropped its forecast for the U.S. value of construction-put-in-place […]
July 10, 2013
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Stimulus funds boost construction spending
Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, or $23 billion, over the month according to Census Bureau data released June 1, 2010. […]
June 16, 2010
Roadbuilding
Stimulus funds boost April’s construction spending numbers
Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, or $23 billion, over the month according to Census Bureau data released June 1, 2010. […]
June 15, 2010
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